Walmart could open up to cryptos as a payment option

By Raffaele Redi

The retail giant is seeking to hire a digital currency and cryptocurrency product lead

Walmart store                                 
Walmart store - Photo: Shutterstock
                                

Walmart, one of the largest retailers and e-commerce companies, could enable crypto as a payment option for its customers.

The retail giant is seeking a digital currency and cryptocurrency product lead to work at its US headquarters in Bentonville, Arkansas.

The multinational retail company emphasised a growing interest in cryptos, a few weeks after Amazon posted a job ad offering a similar position.

According to the retailer’s career page, the digital currency and crypto lead will be responsible for developing a digital currency strategy and product roadmap for Walmart. The role will also involve identifying crypto-related investment and partnerships.

AMC and Amazon pay heed to cryptos

Walmart rival Amazon recently signalled its own growing interest in cryptocurrencies by posting a job ad for a "digital currency and blockchain product lead".

Meanwhile, AMC CEO Adam Aron announced last week that by the end of 2021 the US entertainment company, which owns the Odeon cinema chain, could have the information technology systems in place to accept bitcoin.

According to Currency.com, bitcoin’s price witnessed a 2.6% increase in the last 24 hours, to around $47,105 by around 10:30 BST (UTC +1).

The largest cryptocurrency for market capitalisation was trading up 6.9% in the past seven days. The market cap of BTC was $886.3bn, while the crypto’s trading volume was around 0.5% lower at $32.4bn.

BTC/USD price history

Date Close Change Change(%) Open High Low
Sep 28, 2021 42726.40 554.65 1.32% 42171.75 42792.30 41965.75
Sep 27, 2021 42170.50 -1004.25 -2.33% 43174.75 44372.65 42113.90
Sep 26, 2021 43172.65 468.15 1.10% 42704.50 43963.75 40795.20
Sep 25, 2021 42705.00 -145.75 -0.34% 42850.75 42995.50 41674.85
Sep 24, 2021 42851.50 -2039.00 -4.54% 44890.50 45170.45 40691.70
Sep 23, 2021 44893.25 1310.15 3.01% 43583.10 45014.25 43098.25
Sep 22, 2021 43582.75 2849.95 7.00% 40732.80 44053.20 40566.10
Sep 21, 2021 40722.55 -2294.80 -5.33% 43017.35 43645.35 39565.25
Sep 20, 2021 43019.35 -4245.50 -8.98% 47264.85 47352.15 42468.85
Sep 19, 2021 47262.60 -1044.10 -2.16% 48306.70 48380.70 46843.85
Sep 18, 2021 48305.90 1000.70 2.12% 47305.20 48826.30 47045.45
Sep 17, 2021 47304.75 -455.60 -0.95% 47760.35 48177.45 46728.95
Sep 16, 2021 47756.45 -378.25 -0.79% 48134.70 48525.85 47030.20
Sep 15, 2021 48140.75 1017.90 2.16% 47122.85 48469.60 46709.30
Sep 14, 2021 47121.45 2152.60 4.79% 44968.85 47279.45 44662.90
Sep 13, 2021 44958.75 -1076.45 -2.34% 46035.20 46906.45 43388.75
Sep 12, 2021 46033.75 851.30 1.88% 45182.45 46474.75 44744.15
Sep 11, 2021 45180.35 327.50 0.73% 44852.85 45992.35 44710.60
Sep 10, 2021 44856.15 -1537.15 -3.31% 46393.30 47046.50 44221.45
Sep 9, 2021 46392.40 332.85 0.72% 46059.55 47411.30 45515.30

Further reading: Walmart company profile

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